It's SSImple™
SSIComply™ ensures you're compliant with expected FMSB & FCA requirements through SSI solutions in support of T+1 settlement.
Discover how SSIComply™ works
Full Initial Loading and Validation: Ensures accurate securities and cash SSIs, reducing the need for manual checks and call-backs.
Automation of Manual Processes: Fully automates SSI workflows, enabling direct electronic communication of SSIs to buy-side clients, eliminating PDFs, emails, and call-backs on cash SSIs, and aligning with new FMSB recommendations.
Advanced User Interface: Provides real-time, precise SSI data through an intuitive interface for buy-side clients, with the ability to permission SSIs to both broker-dealer counterparties or administrators.
Multi-Use Capability: Manages multiple SSIs within a single account to support settlements, securities lending, and cash transactions for initial and variation margin payments, accommodating custodians' complex operations.
Additional features of SSIComply™
Multi-Asset Class Support: Handles a wide range of asset classes—including equities, fixed income, cash, FX, and money market securities—ideal for custodians managing diverse portfolios.
Continuous Updates and Amendments: Delivers automatic updates at the account or SSI level to maintain complete accuracy and compliance with industry standards and 2025 FMSB recommendations.
Industry and Custodian Rule Updates: Provides timely updates for new market regulations and customises for
specific custodian requirements, ensuring seamless electronic communication with buy-side clients.
Low Lift Integration: SaaS-based service integrates with existing systems, purpose-built to address the complex needs of custodians.
Meet the team
I'm Bill Meenaghan, Founder and CEO of SSImple™, the innovative FinTech recognised by Global Custodian magazine as 'One to Watch'. I'm also a member of the UK Accelerated Settlement Taskforce.
With over 20 years devoted to simplifying the trade lifecycle, my career has taken me through senior product management roles at Markit (now a part of S&P Global), The Depository Trust & Clearing Corporation (DTCC), and State Street Global Advisors. Therefore, this recognition holds special significance for me.
A heartfelt thank you to everyone who has supported us, especially our partners—Delta Capita, EquiLend, and Exactpro—and, of course, the amazing SSImple™ team. It's a privilege to work with such talent, and we're always eager to welcome passionate people ready to make a real impact.
To our colleagues and clients—both current and future—I'm excited for what we'll achieve together in 2024 and beyond.
Keith Tippell
Keith Tippell is Chief Commercial Officer at SSImple. Mr Tippell brings over two decades of experience in capital markets and FinTech leadership, most recently serving as Chief Product Officer at CLS Group, with prior senior roles at Droit Financial Technologies, SWIFT, and Markit Group (now a part of S&P Global). At Markit, he was a Managing Director in Business Development and contributed to the exponential growth leading up to the $4.3 billion IPO. Mr Tippell brings a wealth of experience in acquisitions, product development, and industry engagement. He holds a BEng in Computer Systems Engineering from the University of Sussex.
Simon McDowell
Simon McDowell is Head of Sales at SSImple, bringing over 30 years of experience in the capital markets sector. Previously, Mr McDowell served as COO of AITIS, a deep tech company specialising in AI solutions. He has also held COO and CRO positions at cutting-edge technology firms, managing solutions across the transaction lifecycle. Mr McDowell's career began as a technologist at Lloyds Bank, followed by roles at several global investment banks. In the mid-90s, he joined Fidessa (now ION) and was part of the management team that grew the company to a market value of over $1 billion, eventually leading the Global Connectivity Business. He has also held senior commercial roles at NYSE, ULLINK (Broadridge), Fixnetix (Options IT), Genesis Global, and Taskize (Euroclear).
Matthew Cook
Matthew Cook is Chairman at SSImple. With more than two decades of industry experience, Mr Cook’s most recent role was at SWIFT, where he held global responsibilities. His tenure involved leading key strategic and industry-wide initiatives focused on enhancing settlement efficiency for international securities and FX transactions. He began his career in investment banking with UBS and Credit Suisse, occupying senior roles across diverse operational domains such as equities, FX, and OTC products. Presently, Mr Cook is actively involved in angel investing in innovative fintech start-ups operating within the capital markets arena. Furthermore, he lends his expertise as an advisor and NED to numerous companies within his growing investment portfolio.
David Little
David Little is the Lead Investor at SSImple. With a career spanning more than 25 years in capital markets, Mr Little has held prominent positions at both executive and board levels within the financial and software services sectors. His wealth of experience has led to a record of accomplishment in early-stage investments, including two that have achieved unicorn status. Presently, Mr Little holds the position of Chairman at Aora Law and serves as NED for several high-growth start-ups such as OTCX, Century Tech, and ETA Green Power.